PAN proposes cutting party financing

PAN party president César Nava proposed a constitutional amendment to cut public financing for parties by 50%. The parties currently receive government funding of about Ps. 3.1 billion pesos per year, and Ps. 4.5 billion in election years, based on an automatic formula linked to the minimum wage and the number of registered voters. PRI congressional leader Francisco Rojas rejected the proposal, saying the savings would be minimal. “[Nava] wants to deflect public opinion to the political parties instead of focusing on the lack of willingness by the federal government to impose austerity [and] on the high level bureaucrats who command extraordinary salaries,” he said. (Reforma 10/9)

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